Companies · Edtech

Higher Ground Education Inc.

LAKE FOREST · Edtech · refined from filed group “Other

Diligence memoA one-page analyst read on Higher Ground Education Inc. — recommendation, valuation, rhythm, risks.
$85.9M
Total raised · real
4
Rounds
0.9×
Latest step-up
Top 3%
Sector rank · raised
Series B
Latest stage · inferred · Thu Mar 04 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Higher Ground Education Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the edtech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.34× the median modeled value of Series B Edtech companies in 2019–2021 (6 peers) — value vs value, same stage and era.
  • Within the normal band (134% of peer median) for its niche.
Dormant
  • Last raise 5.3 yr ago; this sector typically re-raises about every 15 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Edtech

Higher Ground Education Inc. is one of 262 Edtech companies tracked from LAKE FOREST. By capital raised it ranks among the largest (ahead of 98% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
12
Investors (latest)
2021-03-04
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BPre-Seed · 2016-02-23 Raised $1.0M (real) Modeled valuation $24M (est)$1.0M$24MPre-Seed2016Series B · 2019-02-11 Raised $21M (real) Modeled valuation $369M (est)$21M$369MSeries B2019Series B · 2020-12-14 Raised $34M (real) Modeled valuation $511M (est)$34M$511MSeries B2020Series B · 2021-03-04 Raised $30M (real) Modeled valuation $432M (est)$30M$432MSeries B2021+$21M+$34M+$30MCumulative $86M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$1.0M · 2016
Series B$21.4M · 2019no Seed / Series A on file
Series B extension$33.5M · 2020
Series B extension$30.0M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$431.7M
Base estimate est.
$69.0M
Conservative case
$1.5B
Upside case
$166.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the edtech sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $23.9M · 2016-02-232016Series B · modeled $368.9M · 2019-02-11Series B · modeled $511.3M · 2020-12-14Series B · modeled $431.7M · 2021-03-042021
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
63%
Survival probability
41% low · 76% high
1.31×/yr
Annual markup
1.58×/yr upside case
5.3 yr
Elapsed time used
5.3 yr actual, capped for stale marks
edtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
20 mo
Avg between rounds
$17.1M/yr
Capital velocity
10.4 yr
On record since
2016
First round
4
Rounds on file
How it compares to the market

Benchmarked against 262 companies in Edtech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 35× above median
This company$85.9M
Sector median$2.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.5× above median
This company$30.0M
Sector median$20.0M
Modeled value — vs sector median (estimate, all stages) 22× above median
This company$431.7M
Sector median$19.9M

Raised more than 98% of sector peers (real $). Modeled value above 98% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #1 of 6.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0M$1.0BCapital raised (log)Scribd Inc · Series B Raised $59.4M · modeled $430.4M (est)Verto Education, Inc. · Series B Raised $35.0M · modeled $366.4M (est)Maven Learning, Inc. · Series B Raised $24.7M · modeled $277.6M (est)SchoolPass, Inc. · Series B Raised $15.8M · modeled $190.6M (est)Almentor · Series B Raised $6.5M · modeled $87.6M (est)Higher Ground Education Inc. (this company) Raised $85.9M · modeled $431.7M (est)Higher Ground Education Inc.
CompanyStageRaised · realValue · estvs peer med.
Higher Ground Education Inc. this companySeries B$85.9M$431.7M1.34×
Scribd IncSeries B$59.4M$430.4M1.34×
Verto Education, Inc.Series B$35.0M$366.4M1.14×
Maven Learning, Inc.Series B$24.7M$277.6M0.86×
SchoolPass, Inc.Series B$15.8M$190.6M0.59×
AlmentorSeries B$6.5M$87.6M0.27×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$1.0M2016-02-23$5.6M$23.9M85%
Series B$21.4M2019-02-11$119.0M$368.9M90%
Series B$33.5M2020-12-14$186.2M$511.3M90%
Series B$30.0M2021-03-04$166.7M$431.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$1.0M2016-02-23
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Series B$21.4M2019-02-11
    • Raised again after 36 mo — slower than the ~15 mo sector norm.
    • Round 21.4× larger than the prior — scaling up.
    • 53 investors on this round.
  3. Series B$33.5M2020-12-14
    • Raised again after 22 mo — slower than the ~15 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 30 investors on this round.
  4. Series B$30.0M2021-03-04
    • Came back fast: 3 mo vs the ~15 mo sector norm.
    • Round roughly the size of the prior one.
    • 12 investors on this round.
Intelligence
2022 ~Q4
Modeled next raise · ~20mo cadence
$30.0M
Modeled next size est.range $30.0M$48.0M
0.9×
Last step-up
$17.1M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Mark Evans8 other2020-12
Robert Hutter6 other2019-02
Greg Mauro5 other2020-12
Zheng Huang2 other2019-02
Robert J Hutter1 other2021-03
Anne Briard2019-02
Greg J Mauro2021-03
GUY BARNETT2016-02
JANE ERICKSON2016-02
Jonathan J McCarthy2021-03
Jonathan McCarthy2020-12
Keith J Schacht2021-03
Maris Mendes2019-02
Mark J Evans2021-03
Mitchell Michulka2019-02
Mitch Michulka2021-03
RAMANDEEP GIRN2016-02
REBECCA GIRN2016-02
Zheng Yu Huang2020-12
Registry & provenance

Higher Ground Education Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1669528
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Quantcast CorpOther TechnologySeries B$35.5M$243.6Mnetwork2 shared operators · same stage
Gazillion, Inc.OtherSeries B$77.4M$537.5Mnetwork1 shared operator · same stage
Scribd IncEdtechSeries B$59.4M$430.4Msame sector · same stage
WorkRamp, Inc.EdtechSeries B$57.5M$436.8Msame sector · same stage
Make School Inc.EdtechSeries A$27.3M$235.2Mnetwork1 shared operator · same sector
Interplay Learning, Inc.EdtechSeries B$46.0M$113.0Msame sector · same stage
Aea Schools LlcEdtechSeries B$40.0M$127.2Msame sector · same stage
Swing Education, Inc.EdtechSeries B$39.3M$314.4Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Higher Learning Technologies Inc.EdtechSeries A$129.5M88%
BASE Education, LLCEdtechSeed$9.6M86%
Foundations in Learning, Inc.EdtechSeed$3.1M85%
Upright Education, Inc.EdtechSeed$15.6M84%
Empowered Education, Inc.EdtechSeries A$78.4M83%
Continuing Education & Resources, IncEdtechSeed$38.5M83%
McGraw-Hill Education, Inc.EdtechSeries D+$377.4M83%
ACI Learning Holdings, LLCEdtechSeed$20.1M83%
Frequently asked
How much funding has Higher Ground Education Inc. raised?
Higher Ground Education Inc. has raised approximately $85.9M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Higher Ground Education Inc.'s estimated valuation?
Provath's modeled valuation for Higher Ground Education Inc. is approximately $431.7M (modeled range $69.0M–$1.5B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Higher Ground Education Inc. at?
Higher Ground Education Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Mar 04.
What does Higher Ground Education Inc. do and where is it based?
Higher Ground Education Inc. operates in the Edtech sector, based in LAKE FOREST.
Explore related

See where Higher Ground Education Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Higher Ground Education Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.